Pasadena’s ESolar lands 2,000-megawatt deal in China

By Todd Woody

(LA Times) ESolar Inc. of Pasadena signed an agreement Friday to build a series of solar thermal power plants in China with a total capacity of 2,000 megawatts, in one of the largest renewable energy deals of its kind.

Coming four months after an Arizona company, First Solar, secured a contract to build an equally large photovoltaic power plant in China, the ESolar deal signals China's emergence as a major market for renewable energy.

“They’re moving very fast, much faster than the state and U.S. governments are moving,” said Bill Gross, ESolar’s chairman and the founder of Idealab.

Read the rest: Pasadena’s ESolar lands 2,000-megawatt deal in China – latimes.com.

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